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🙏Deep Dive into Crypto Predictions, FTX, SBF insights and whats next by Michelle Whitedove🙏
Written by Michelle Whitedove đŸ’„Nov 17, 2022đŸ’„ for Patreon.
December 18, 2022
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(Dinarian Note: This was first Published on her Pateron Nov 20, 2022 this is an excerpt of the 33 pages... She will be missed dearly... Walk freely among the angels Michelle for now you have returned home.)

I see that he will end up in jail or dead.  Everyone will know if he ends up dead that he was taken out.  They are in a pickle with this.  He's involved in pretty much all funds.  He thought he was going to run.  Well, both his parents are Stanford lawyers, and both involved heavily in politics. And then his partner- that was running another branch of the company, her father is the chairman of MIT economics. And Gary Gensler, who's the SEC chairman, used to work for him. This guy, Sam Bankman-Fried, was meeting with Gary Gensler. This is, why didn’t anyone ask me about this guy?  Maybe we could have outed him.  I need questions, specific questions to catch specific people.  Otherwise I get the general warning that “something huge in 30 to 60 days which has big impact on the markets” and with no reference point I can’t get the whole picture.  This guy (SBF) and all of them connected to him are so bad.  Really, evil.  So many were in on it.  The house is getting cleaned.  Let me see a picture of that Gary Gensler guy, the SEC guy.  I need to see the eyes. Hold on. 

Yes.  He is involved.  He's just a shallow hole. There's nothing in him.  He's just made up. The government and the powers that be are trying to get in, to manipulate it, but they keep getting blocked at different points. And if they had been allowed to keep this Ponzi scheme going, they would've taken all the cryptos down eventually.  If this didn't happen, we would all be done for. It would be war everywhere, throughout the world.  And I know that seems like a big leap, but cryptos are one of the only things that can stop the massive global corruption.  “They” don’t like cryptos because anything truly decentralized shows the cracks in the system.  Maybe that is why I could not get the specifics on this, it was so big it needed to blow up and if everyone knew then it wouldn’t have happened the way it needed to. Â đŸ’„Remember this, crypto markets will not die.  Nothing ever dies. Nothing ever dies. Nothing ever dies. Nothing dies.đŸ’„

And Russia, they're just, well, this will sound crazy, they might be the ones that end up doing something good when it comes to blocking some of the bad actors trying to end cryptos.  Let’s come back to that later because it is important.  Everybody's looking at the map, right?  Think of any world leader.  They are all playing their chess game and moving pieces around.  They all know things are heating up and heading towards an inflection point.  They know things are wobbling and the people are only going to take so much.  It is like all of the world leaders are jockeying for position.  It’s like “The Game of Thrones.”  They are a bunch of hyenas.   

All of us, the good people, I feel like we have about three to five years to figure out where to put all this money in all the people that are peaceful, and then spread them out.

The powers that be have really screwed up.  The powers that be do not like the cryptos.  Why?  Because it was money that was formed by the people in some kind of crazy way. And then the government's like, "Well, wait a minute. Oh, the people are sitting home figuring the game out.”  And the gov’t is sitting there going, "Oh, the people are starting to play chess and they want to be kings and queens instead of pawns.”  Here’s the good news, if we stick with it, “they” cannot stop it.  “They” will keep trying to control it and slow it though.  We have to hang in there.  There is a lot more going on here than a temporary drop in the market. 

“They” know that all the people everywhere are going to go, "Okay, we're all tired of being boxed in, so we're all going to come out." And if we all come out and we all fight (peaceful protest), we all know what's going to happen.   These idiots don't know what to do with everything they have stolen.  They have all the money--they all got so greedy that they depleted Wall Street, they depleted the cryptos. They depleted the land. They depleted the people. They depleted everything. They depleted everything. Our government sold us out to China.  China's the enemy.  I am not talking about the average Chinese person either.  I am talking about the CCP.  I love all people who are good.  I do not care about race, gender, ethnicity or politics
I care about good people. But the CCP has infiltrated us.  They infiltrated us through money.  Our leaders sold us out.   I'm just so mad. I've just been a mix of emotions of anger, sad, tears, you name it. But you know me, I'm a warrior. You guys are warriors too.

Sorry, I know that was a lot to start out with.  Let me slow up and break things down:  

While these corrective phases are painful to live through, they are vital to expose and wash away the fraud.  They also wash away the remaining people who can’t hang on.  That is why we call them “corrective.”  They correct the fraud and bloat and shake out the tourists. 

If we were still running hot, FTX and other scams would not get exposed.  Down markets expose the bad actors. 

There is something very important I want to bring up again.  It isn’t sexy, but there is a reason that from the time I first got into cryptos I published that I keep only 50% of my liquid assets in crypto and the other 20% in US Dollars and around 30% in precious metals.  Even though I predicted that the market would not get better until very late this year or early into next year, when I miss something specific like the LUNA or FTX crashes and cryptos fall, we have been hedged and you may have noticed your US Dollars going up in value relative to other currencies, cryptos, and precious metals.  Soon precious metals will go up relative to US Dollars.  Soon cryptos will go up relative to the US Dollar, but I always have my “liquid assets” spread out (diversified over multiple asset classes) to draw off of in case I want to redistribute or in case of emergency.  Also, as you guys know, I do NOT consider real estate and business as part of my “liquid assets.”

Some people are getting scared and selling all of their cryptos to put money in their bank account.  Well, what happens when the banks wobble?  What happens when there is a bank holiday?  A centralized crypto exchange is not good, but banks also present risk.  Why?  Because they are centralized and really they are a huge ponzi.  Centralized = Risk!  I don’t keep my money on exchanges (other than some at Caleb and Brown, but not much) and I don’t keep money, other than bill paying money in the bank.  Some people get emotional and flustered when I say that and ask what their options are.  Cold storage of cryptos, precious metals in your own control.  US Dollars outside of the bank.  You have to be smart.  You have to be creative.  You have to do some research.  You have to be self-reliant.  And I know I have shared this 100 times or more over the years, but I am going to say it again right now.  Have US dollars cash in hand.  Have a means to barter.  Have some credit.  Have some precious metals in hand.  Have backup power.  Have some food and water (maybe one to 3 months) and have a network of reliable people you trust.  Have a means, even if only small, to do some gardening/planting to grow even a little bit of vegetables and or fruit.

AGAIN, the biggest gift is picking a handful of the winning projects (coins) and then hanging on and/or increasing your position (total number of coins) when the market is correcting. 

Keeping that in mind, lots of people look at me and say “oh, she’s the best in the world and should have all the answers.” I’m sorry, but that is not how it works.  God never gives just one person all the answers and God doesn’t give a critical invention or solution to just one person.  Spirit always gives vital information to a handful of people for a redundancy, you know for a backup in case someone gets taken out or drops the ball.  You know, a type of diversification if you will.  That is the model I follow when it comes to putting my betting money in cryptos;  I diversify. 

Sam Bankman-Fried (SBF)?  What is the story with this guy?  The NY Times did an article presenting him as pretty much a good guy with autism that got in over his head.  Is that the case?   NO!  LIKE I STARTED SAYING AT THE BEGINNING OF THIS REPORT, IT IS THE OPPOSITE OF THE NARRATIVE THEY ARE TRYING TO SPIN.  He is evil.  Why am I seeing celebrities, this doesn’t make sense.  Oh, there were lots of celebrities involved?  Well, put that aside because that is not the main show.  What is really going on is they were used to promote it.  This is all a massive premeditated crime--this guy, he is a Bernie Madoff type of guy.  This is an Enron type of situation, but worse, this reaches to the highest levels and around the globe.  From Ukraine money laundering to Political power funding to the SEC to pretty much everywhere.  It was a methodical attempt to control cryptos.  And this little evil genius and the gang are still working to cover their tracks.  I predict, even though he is connected and part of a much bigger scheme that he will, at some point in the future, either be taken out or do jail time.  He is not walking free in the long run.  No.  I mean, talk about the universe giving us warnings
look at the name “Madoff” (as in he made off with all your money) and “bankman fried” (as in the bank man got fried).  Talk about cosmic satire.  You can’t make this stuff up.

FTX in bankruptcy.  Will people get any of their money back?  This pisses me off.  Sorry, but this was just pure evil and you know that people will only get pennies on the dollar and it will take a lot of time.  It just makes me sick.

Can the contagion from FTX spread even further?  Yes the contagion has spread and will until the ripple effects of this bring us to the bottom. But it won’t end cryptos.  This is going to spread to a couple of more big players.  They are already scrambling in the background.  I don’t get names.  I don’t get names.  Just batten down the hatches and minimize your third party risk.  All the traders out there need to be careful because they are the ones who play on the exchanges and it is a riskier time than ever for leaving money on exchanges and trading platforms.  And the ripsaw volatility will wipe out the leverage traders.  You might see prices drop but hardly anyone gets the good deals because of exchange problems.  You already know this as we’ve been publishing about potential exchange problems for years.  Literally every year for 4 years we’ve predicted people would not be able to get money in or out in super high volume times and at peaks of mania and fear AND this has played out over and over.  Thank you spirit for that vital information as it has kept so many of us safe. 

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And now jobs data and more onchain..
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The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network

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This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.

The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.

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US Dept of Commerce to publish GDP data on blockchain

On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.

Lutnick said, “The Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then we’re going to make that available to the entire government. So, all of you can do it. We’re just ironing out all the details.”

The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data 👉will become increasingly important for generative AI.

While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.

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List Of Cardano Wallets

Well-known and actively maintained wallets supporting the Cardano Blockchain are Eternl, Typhon, Vespr, Yoroi, Lace, ADAlite, NuFi, Daedalus, Gero, LodeWallet, Coin Wallet, ADAWallet, Atomic, Gem Wallet, Trust and Exodus.

Note that in case of issues, usually only queries relating to official wallets can be answered in Cardano groups across telegram/forum. You may need to consult with specific wallet support teams for third party wallets.

Tips

  • Its is important to ensure that you're in sole control of your wallet keys, and that the keys used can be restored via alternate wallet providers if a particular one is non-functional. Hence, put extra attention to Non-Custodial and Compatibility fields.
  • The score column below is strictly a count of checks against each feature listed, the impact of specific feature (and thus, score) is up to reader's descretion.
  • The table represents current state on mainnet network, any future roadmap activities are out-of-scope.
  • Info on individual fields can be found towards the end of the page.
  • Any field that shows partial support (eg: open-source field) does not score the point for that field.

Brief info on fields above

  • Non-Custodial: are wallets where payment as well as stake keys are not shared/reused by wallet provider, and funds can be transparently verified on explorer
  • Compatibility: If the wallet mnemonics/keys can easily (for non-technical user) be used outside of specific wallet provider in major other wallets
  • Stake Control: Freedom to elect stake pool for user to delegate to (in user-friendly way)
  • Transparent Support: Easy approachability of a public interactive - eg: discord/telegram - group (with non-anonymous users) who can help out with support. Twitter/Email supports do not count for a check
  • Voting: Ability to participate in Catalyst voting process
  • Hardware Wallet: Integration with atleast Ledger Nano device
  • Native Assets: Ability to view native assets that belong to wallet
  • dApp Integration: Ability to interact with dApps
  • Stability: represents whether there have been large number of users reporting missing tokens/balance due to wallet backend being out of sync
  • Testnets Support: Ability to easily (for end-user) open wallets in atleast one of the cardano testnet networks
  • Custom Backend Support: Ability to elect a custom backend URL for selecting alternate way to submit transactions transactions created on client machines
  • Single/Multi Address Mode: Ability to use/import Single as well as Multiple Address modes for a wallet
  • Mobile App: Availability on atleast one of the popular mobile platforms
  • Desktop (app,extension,web): Ways to open wallet app on desktop PCs
  • Open Source: Whether the complete wallet (all components) are open source and can be run independently.

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XLM: GDMJF2OCHN3NNNX4T4F6POPBTXK23GTNSNQWUMIVKESTHMQM7XDYAIZT
XDC: xdcc2C02203C4f91375889d7AfADB09E207Edf809A6

 

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